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Investing in Skills to Accelerate Job Transitions (Inglés)

The paper reviews the dynamics of human capital – mostly skills –accumulation and utilization during successful and static episodes of structural transformation in a sample of more than 90 countries over the last thirty years to identify cases when improvements in human capital are not met by skills demand - signaling an unbalance between investment in skills and other factors of production. A framework is proposed to differentiate inefficient skills...
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